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  1. codo3500

    Back To Basics - Business in Old Industries

    EXECUTION 
    There were a few factors. Basically after my call with Jack, I went browsing on Alibaba, and the idea just came to me. My best friend is in the niche, so we instantly had someone we could fire away at with questions to understand it better.
  2. codo3500

    Back To Basics - Business in Old Industries

    EXECUTION 
    Very similar to this in some regards, just higher end. We found that if the price is right, and you cold call them, it's a very positive response in a lot of cases. It's something they would buy regularly, so any client we land would be a client for years to come if serviced correctly. We just...
  3. codo3500

    New Idea - Needs Validation Before Execution

    IDEA 
    No problem at all mate! To be honest, this is the best idea I've ever had. If I had a passive income already, this is the one I'd work on. Hell, if I had enough money to retire, I'd still do this idea. But there are definitely *better* projects out there as far as making money.
  4. codo3500

    Back To Basics - Business in Old Industries

    EXECUTION 
    What we've learned regarding this is, that it needs to be Australian Standards Compliant for this type of thing. Essentially, you have to pay for a compliance officer to fly out to China and inspect their factory, along with heaps of other tests. So you will be fully covered regardless of it...
  5. codo3500

    New Idea - Needs Validation Before Execution

    IDEA 
    Hey mate, Basically we decided to go after low hanging fruit before this. This would take years to pay off, and would be much easier if we already had cash from an existing business. This is still an idea I want to pursue, but not until I make something easier work first and pay off.
  6. codo3500

    Back To Basics - Business in Old Industries

    EXECUTION 
    Hey mate, thanks for your reply. I was specifically talking about the old kinds of businesses I was chasing (fun ones) having the highest risk of failure. This is based on a few bits of maths. With tech companies becoming 'cool', there are loads of guys trying to make the next Facebook. Not...
  7. codo3500

    Back To Basics - Business in Old Industries

    EXECUTION 
    Still working out the exact logistics, but we'll definitely be warehousing here. We'll be building a brand, so slipping in our own user manuals .etc is a must (plus the Chinese ones always suck). We'll be using couriers straight from our warehouse from the look of it, but are looking at our...
  8. codo3500

    Back To Basics - Business in Old Industries

    EXECUTION 
    Hey guys, I've been around the forum a while now, and generally my projects are weird and wonderful. They're the kind of ideas that get people over-excited, and seem like a blast to work on, like our last project (all of which is in the Insiders Section, if you're not in there, get in there!)...
  9. codo3500

    the jack call

    HOT! MINDSET 
    Yet to listen to it actually, funding isn't something that has really interested me up until this point. I'll have to check it out! All I was thinking to myself was "Man, he sounds so American, I must sound so damn Aussie!" haha.
  10. codo3500

    the jack call

    HOT! MINDSET 
    Thank YOU Jack! I got heaps out of it mate. You're much quieter when you write than when you talk, was great to hear such a booming personality on the other end! I hope the donation makes a difference in some way too, it's a really good thing you're doing donating your time like this to such a...
  11. codo3500

    the jack call

    HOT! MINDSET 
    Not really man! He covered everything, and I had a huge agenda written up. It certainly didn't go "Too Fast" for me, as I had a fair few vital bits I knew I really needed to ask. I do wish I made the agenda even longer, but the conversation went in a direction I couldn't really expect. Main...
  12. codo3500

    the jack call

    HOT! MINDSET 
    I had my Jack call a few hours ago, and WOW! I have a tonne of notes, but basically, I need to stop trying to be so innovative, and stop trying to re-invent the wheel. There is plenty of low-hanging fruit out there, and I have very realistic monetary goals, so I just need to find the right...
  13. codo3500

    (Spoiler Alert!) Shark Tank Watch Party Live Thread

    OFF-TOPIC 
    Wow. They'll never know what could've been with those other offers, if Cuban would've stepped in, if offers could've kept rising, but at the end of the day, awesome result, and they should be very proud of what they've achieved! They've made it to the promised land.
  14. codo3500

    What should I do with this?

    WEB/DIGITAL 
    Throw it on a premium domain site and see if it gets anything, it probably won't to be honest.
  15. codo3500

    I worked in Military Intelligence...

    AMA 
    I'm a real estate agent, and the top trainers I've seen say exactly what you're saying about finding the root motivator and targeting that. They use techniques like "The 5 why's" .etc, but my question is: How long do you think it takes for questioning that way to stop feeling weird. For me, it...
  16. codo3500

    Have a SaaS Idea? Is it worth it? I'll tell you...

    IDEA SAAS / APPS 
    I'm actually a Real Estate Agent, so that's awesome you think there may be a need somewhere related to that. We completely realise the Credit Card thing will be ripped off by our competitors, it's just a nice feature to kick off with while we play catch-up with everything else and build an...
  17. codo3500

    Have a SaaS Idea? Is it worth it? I'll tell you...

    IDEA SAAS / APPS 
    Firstly, well spotted man! I'll get that fixed up! :) Secondly, if you take their money, you'll have to refund them if you don't go ahead. If this is with PayPal, you're looking at an insta-ban (been there, it sucks). Definitely something to look at though. Our vision is for a product that...
  18. codo3500

    Have a SaaS Idea? Is it worth it? I'll tell you...

    IDEA SAAS / APPS 
    Hey buddy, 1. That's just something we quickly knocked out, the problem is it's a hard concept to convey, but I agree, it's WAY too crowded at the top. We're going to do a video to fix this, and explain everything from that first section. 2. We do, this is a big thing for us, we also allow you...
  19. codo3500

    Have a SaaS Idea? Is it worth it? I'll tell you...

    IDEA SAAS / APPS 
    Hey buddy, Currently validating this idea: http://www.LaunchVal.com Basically, it's a landing page builder for startups to validate their ideas, and allows them to check if people will Pay for their idea (by a mock-up billing page). I've already build a lot of the technology as we use it...
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